Prof Myron S. SCHOLES receives CityU’s Honorary Doctor of Letters

Nobel laureate Professor Myron S. SCHOLES, Frank E. Buck Professor of Finance, Emeritus, at the Stanford University Graduate School of Business was conferred an honorary doctorate – Honorary Doctor of Letters by City University of Hong Kong at the Honorary Awards Ceremony held on 12 November.  Professor SCHOLES was one of the three award recipients recognised for their outstanding contributions and achievements to the community. 

In his address at the ceremony, Professor SCHOLES thanked CityU and Professor Way KUO for the honour. He shared experience of his research journey: “To make progress in research, business and politics, we need to build a model to understand a small part of the uncertain environment that we observe. The model will provide us with understanding and, combined with our experience and judgment and wisdom, direct us to make predictions and decisions to make others and ourselves better off.”

Professor SCHOLES was awarded the Nobel Memorial Prize in Economics in 1997 and is best known as one of the authors of the Black-Scholes equation. He was invited for a presentation on Global Economy held by the College of Business on 11 November. The presentation was recorded and is to be broadcast by Phoenix TV in its program "Century Auditorium 世紀大講堂".  

For more information on the forum, please visit https://www.cb.cityu.edu.hk/media/news/NewsDetails?id=1793
For more information on the MBA programme and news, please visit https://www.cb.cityu.edu.hk/mba/

CityU NewsCentre: http://wikisites.cityu.edu.hk/sites/newscentre/en/Pages/201311121800.aspx